Interest Rates in Microfinance

daniel.vidal Uncategorized 10 Comments

Do you remember walking to class in college and that same guy would ask you if you needed a credit card?  I think his name was Timmy. For me at least, it came down to easy cash from Timmy or the blood bank.  Books (beer) weren’t getting any cheaper. After …

Photos: Typical Microcredit Client Businesses

daniel.vidal Uncategorized 1 Comment

Imagine you’re given $200 to start your own business, what do you do? Given that our average loan size around the world is about $200, this is the decision microcredit clients are often faced with. Most of these entrepreneurs have never been given access to capital and most have struggled significantly …

Group Lending

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One aspect of microfinance that is as equally as important to the borrowers as it is the lenders is the Group Lending method that the Grameen Bank uses. Group, or solidarity lending, as defined by Wikipedia (everyone’s favorite website) is a lending practice where small groups borrow collectively and group members …